To then say that there is a crisis. Formula one income will amount to 1,789 billion dollars this year, or what is the same, some 1,220 million euros to the change. That is the estimated amount that will enter Formula One Group, consisting of Formula One Management, Formula One Administration, Formula One Licensing BV this year 2011.
Canon to host Grand Prix, which last year saw a total of $ 568 million, probably will be the source of income for higher growth. Someone you surprised? So like squeezing to Bernie Ecclestone to those interested in holding the formula 1 races. All this in a context of global economic crisis, something that the small Warhol lives outside. Crisis, what crisis?
Making numbers, get each Grand Prize to pay, on average, nearly $ 30 million to host a formula 1 race. Almost 20 million euros to date for the conclusion of a test of the category Queen of the engine. Does not comply with the amounts that are shuffled, Bernie Ecclestone is continuing negotiations with several organizers to increase revenue, see cases of Australia, Singapore, Spa, Turkey or Valencia.
The higher paying to be part of the great circus rises to 50 million dollars, and is expected to increase to 100 million dollars by the end of this decade. An authentic nonsense. On the other hand, the total income of the group that controls formula one is expected to grow to us $ 2 billion in 2012 and reach the more than 3,250 million $ in 2016.
That business marche wind in its sails and all sailing would be for the benefit of the participating teams, who share 50% of revenue. I do not think that the latter have many complaints about the management of the little tyrant at the head of formula one, since that, indirectly, also leave beneficiaries of aggressive tactics negotiators of this. It is true that there is always some discordant voice which seemed little that it is in the cast.
